Actual patterns
Patterns are graphical models which are formed in the chart by the price. According to one of the technical analysis postulates, history (price movement) repeats itself. It means that the price movements are often similar in the same situations which makes it possible to predict the further development of the situation with a high probability.
Relevant patterns by InstaTrade is an easy-to-use service which allows you to be aware of latest changes in the market and react to clues from the market in time. In our service you will always find the latest and most relevant patterns on any pair and any timeframe.
Bullish Symmetrical Triangle
was formed on 20.05 at 06:30:56 (UTC+0)
signal strength 2 of 5
According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8333/0.8349 whereas the upper border goes across 0.8361/0.8349. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDCHF will breach the upper border to head for 0.8371.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- All
- Bearish Rectangle
- Bearish Symmetrical Triangle
- Bearish Symmetrical Triangle
- Bullish Rectangle
- Double Top
- Double Top
- Triple Bottom
- Triple Bottom
- Triple Top
- Triple Top
- All
- All
- Buy
- Sale
- All
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Bearish pennant
was formed on 23.06 at 00:01:30 (UTC+0)
signal strength 2 of 5
The Bearish pennant pattern has formed on the GBPUSD M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.3398 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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Double Top
was formed on 23.06 at 00:00:28 (UTC+0)
signal strength 4 of 5
On the chart of GBPJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 196.69; the lower boundary 196.35; the width of the pattern 34 points
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Bearish pennant
was formed on 22.06 at 23:21:21 (UTC+0)
signal strength 1 of 5
The Bearish pennant pattern has formed on the EURUSD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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